Rio Rancho

Rio Rancho Market Report

$249,567

AVERAGE PRICE OF 1,058 HOMES

$281,718

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,810,167

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$473,303

AVERAGE PRICE OF 191 NEWLY BUILT HOMES

$556,054

AVERAGE PRICE OF 19 HOMES WITH A POOL

$375,874

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $249,567
Avg Bedrooms 2.71 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $135,000
2 bedrooms $299,805
3 bedrooms $479,277
4 bedrooms $548,386
5 bedrooms $559,981
Rio Rancho Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 1,101 1,110 1,124 1,154 1,158
Average Price $244,385 $239,585 $240,305 $243,380 $244,523
Avg Price Change +2.00% -0.30% -1.28% -0.47% +0.18%
Median Price $168,415 $152,924 $156,531 $180,988 $190,275
Med Price Change +10.13% -2.36% -15.62% -5.13% +12.77%
Avg Bedrooms 2.67 beds 2.57 beds 2.37 beds 2.4 beds 2.4 beds
Avg Bathrooms 2.14 baths 2.11 baths 2 baths 1.94 baths 1.92 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 222 $307,718 135 days
V. Sue Cleveland High School 8 $593,037 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,058 $249,567 123 days
Distressed Homes 11 $281,718 93 days
Multi-Million Dollar Homes 6 $1,810,167 156 days
Newly Built Homes 191 $473,303 57 days
Homes with a Pool 19 $556,054 42 days
Reduced Price Homes 28 $375,874 76 days
JT & Associates | Keller Williams Realty
6240 Riverside Plaza Ln Ste 100
Albuquerque, NM 87120


Jonathan Tenorio: (505)-410-8568


Office: (505)-897-1100

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The data relating to real estate for sale in this Website comes in part from the Internet Data Exchange ("IDX'') program of Santa Fe Association of REALTORS®, Inc. from a copyrighted compilation of listings. Real estate listings held by brokers other than JT & Associates | Keller Williams Realty are marked with the IDX Logo. All data in this Website is deemed reliable but is not guaranteed accurate, and should be independently verified. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All Rights Reserved. All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which provide that it is illegal to make or publish any advertisement which indicates any preference, limitation, or discrimination based upon race, color, religion, sex, handicap, familial status, or national origin. Santa Fe Association of REALTORS®, Inc. will not knowingly accept any advertising for the sale of real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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